Sprintex Ltd (SIX) — Tangible Net Worth Ratio

Latest as of December 2022: 100.0%

Sprintex Ltd (SIX) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$92.23K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Sprintex Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$92.23K
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$2.49 Million
AUD

Sprintex Ltd Tangible Net Worth Ratio (2004–2022)

This chart shows how Sprintex Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2004 to 2022. As of December 2022, the ratio stands at 100.0%, reflecting net assets of AU$92.23K with intangible assets of AU$0.00 AUD. See SIX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sprintex Ltd (2004–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Sprintex Ltd from 2004 to 2022, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see SIX market cap overview.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2022 100.0% AU$1.17 Million AU$0.00 AU$1.88 Million ▲ +0.0 pp
2021 100.0% AU$2.84 Million AU$0.00 AU$3.46 Million ▲ +0.0 pp
2017 100.0% AU$230.32K AU$0.00 AU$2.42 Million ▲ +0.0 pp
2015 100.0% AU$1.71 Million AU$0.00 AU$3.01 Million ▲ +8.1 pp
2014 91.9% AU$136.60K AU$11.10K AU$3.03 Million ▼ -7.1 pp
2013 99.0% AU$2.51 Million AU$24.89K AU$4.22 Million ▼ -0.3 pp
2012 99.3% AU$5.33 Million AU$39.11K AU$6.17 Million ▲ +0.2 pp
2011 99.1% AU$5.78 Million AU$53.37K AU$6.66 Million ▼ -0.5 pp
2010 99.6% AU$2.89 Million AU$12.07K AU$6.39 Million ▲ +0.9 pp
2009 98.6% AU$2.24 Million AU$30.28K AU$5.96 Million ▼ -0.9 pp
2008 99.5% AU$6.64 Million AU$30.28K AU$9.03 Million ▲ +101.2 pp
2005 -1.7% AU$424.00K AU$431.00K AU$2.37 Million ▼ -50.1 pp
2004 48.5% AU$648.00K AU$334.00K AU$1.65 Million
pp = percentage points